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and certainly, anything that washington does as we saw with the first debt ceiling negotiations, anything that washington does that adds to the uncertainty certainly doesn't help the economy. so i think most people would like to see these people sort of get their act together before the deadline, hopefully. >> well, in fact, senator roy blunt just blamed uncertainty. let me play that. >> uncertainty is probably even a greater problem than contraction. if we knew what the government spending was going to be with some certainty, that would be better than this constant not knowing. we're on the 60-day clock and then on the 90-day clock. we need to get on a four and five-year clock. and that's why a budget and appropriations bills will make a difference, chuck. >> what are the chances, michael, of those things happening? >> well, you know, i think a long-term solution doesn't look very practical right now. and one reason is that members of congress like mr. blunt, republicans, are -- i think that it's more important not to give more ground on taxes than it is to create certainty. so i think e
and certainly, anything that washington does as we saw with the first debt ceiling negotiations, anything that washington does that adds to the uncertainty certainly doesn't help the economy. so i think most people would like to see these people sort of get their act together before the deadline, hopefully. >> well, in fact, senator roy blunt just blamed uncertainty. let me play that. >> uncertainty is probably even a greater problem than contraction. if we knew what the government...
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since 2001, congress has raised the debt ceiling eleven times. the bill will increase the nation's 16-point-4 trillion dollar debt limit by about 450 billion dollars. coming up next the latest in alabma where a child hostage situation enters its fourth day. plus a student is in custody after opening fire inside a middle school in atlanta. and another cabinet member in president obama's administration announces his resignation. [ washer and dryer sounds ] for the things you can't wash, freshen them with febreze. febreze eliminates odors and leaves a light fresh scent. febreze, breathe happy. we're learning more about the alleged gunman who continues to hold a young boy hostage in an underground bunker in alabama. locals describe 65-year-old jimmy lee dykes as a mean and reclusive man who worried about being abducted by aliens. on tuesday, dykes allegedly pulled the 5-year-old boy off his school bus after shooting and killing the driver. dykes has been holding him hostage in an underground bunker in his backyard. through a 60-foot pipe, dykes has a
since 2001, congress has raised the debt ceiling eleven times. the bill will increase the nation's 16-point-4 trillion dollar debt limit by about 450 billion dollars. coming up next the latest in alabma where a child hostage situation enters its fourth day. plus a student is in custody after opening fire inside a middle school in atlanta. and another cabinet member in president obama's administration announces his resignation. [ washer and dryer sounds ] for the things you can't wash, freshen...
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Feb 1, 2013
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ceiling and next up sequestration. >> i think that's exactly right. you see that for the gdp numbers, for example. fourth quarter gdp numbers down and in large part because of government spending. redust in the military spending because of the draw down in the war but government spending does help the economy. >> right. >> clear that's been the case looking, for example, at great britain. they're in the double-dip recession right now doing the same austerity measures republicans oppose and we have had 6.1 million new jobs added in this economy and i think that the problems are we have to invest in education, make sure people have opportunities and make sure that the government doesn't pull back right now. >> what we also know is there are republicans who still strongly say and assert that the stimulus did not work and they do not believe in exactly what you just said. >> economists, the majority of those interviewed by "wall street journal" believes the stimulus works. 3 million jobs because of the stimulus and other thing is about the education thing
ceiling and next up sequestration. >> i think that's exactly right. you see that for the gdp numbers, for example. fourth quarter gdp numbers down and in large part because of government spending. redust in the military spending because of the draw down in the war but government spending does help the economy. >> right. >> clear that's been the case looking, for example, at great britain. they're in the double-dip recession right now doing the same austerity measures...
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that debt ceiling vote the senate has approve it, the house already did so we can borrow morgan to pay our bills through may. congress at that point will have to deal with it again. richard? >> tracie potts in washington. thank you. new yorkers are waking up to the news of the passing of an icon, one of the city's and nation's most outspoken and popular politicians, ed koch has died of congestive heart failure. he served in world war ii and later was elected to three terms as mayor of new york city. ed koch dead at the age of 88. dramatic and contention day of testimony for senator charlie hagel. >> reporter: john mccain seized on hagel's opposition to the surge in iraq. >> the question is, are we right or wrong? that's a pretty straightforward question. >> well, i'm not going to give you a yes or no answer. >> reporter: over his 2008 comments related to israel that a quote jewish lobby intimidate a lot of people in congress. >> name one person in your opinion who is intimidated by the israeli lobby in the united states senate. >> well, first -- >> name one. >> i don't know. >> reporte
that debt ceiling vote the senate has approve it, the house already did so we can borrow morgan to pay our bills through may. congress at that point will have to deal with it again. richard? >> tracie potts in washington. thank you. new yorkers are waking up to the news of the passing of an icon, one of the city's and nation's most outspoken and popular politicians, ed koch has died of congestive heart failure. he served in world war ii and later was elected to three terms as mayor of new...
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Feb 5, 2013
02/13
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that is called suspending the debt ceiling, you raise the debt ceiling so you put a lid on what the government can spend. when you reach your credit, they will give you another thousand dollars and that is new limit. what has now happened is capitol hill has suspended that limit, now you are going to american express card with no limit and you have given the president no limit until mid may? >> i don't think american express would like the comparison because it couldn't be as bad. [ laughter ] >> but they are limited by the appropriations process and house and senate under the constitution have the power of the purse. he is not supposed to spend important. having said that, you are right. it's a huge problem. we should not extend the debt limit again. what is coming up, it may be four to six months unless there are legally spending cuts. i proposed that legislation. it got a lot of votes on the floor but it's simple idea. reduction of spending for every dollar increase in debt limit and you get to balanced budget over ten years if you do that. >> greta: breaking news, it's an important topic.
that is called suspending the debt ceiling, you raise the debt ceiling so you put a lid on what the government can spend. when you reach your credit, they will give you another thousand dollars and that is new limit. what has now happened is capitol hill has suspended that limit, now you are going to american express card with no limit and you have given the president no limit until mid may? >> i don't think american express would like the comparison because it couldn't be as bad. [...
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Feb 4, 2013
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then they decide not to fight on the debt ceiling and they need to move the attention on to something else. say they do have leverage elsewhere. so they have chosen sequester and put up a very brave face on it. it's possible they could convince themselves to let it actually happen but the idea that they get some sort of significant political gain from it, these are cuts they hated and they hated in large part because they hurt things they care about. so to permit the sequester to go forward on that kind of rationale is not a political win, not a policy win. everybody is losing. >> the "new york times" op-ed says more than a million jobs are on the line if this deal isn't made. a quote saying the losses will soon spread as contracts to states and cities are cut, education and police grants are cut, and payments to medicare providers are cut, even the aid just approved to victims of hurricane sandy will fall under the sequester's act. americans are about to find out what happens when an entire political party demands deficit reduction at all costs because those costs will be enormous. t
then they decide not to fight on the debt ceiling and they need to move the attention on to something else. say they do have leverage elsewhere. so they have chosen sequester and put up a very brave face on it. it's possible they could convince themselves to let it actually happen but the idea that they get some sort of significant political gain from it, these are cuts they hated and they hated in large part because they hurt things they care about. so to permit the sequester to go forward on...
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you have debt ceiling coming up few months after that and congress is supposed to pass a budget in the next couple of months but obviously they have not done that. >> gregg: he has raised taxes not only on high income earners, he has raised taxes on everyone. the word is he is going to say, he needs more money, more tax revenues. how is that going to be received? >> i can tell you on capitol hill it has not been received very well. house republicans basically, many of them didn't vote for the package that included the tax hikes you are referring to, the one that was voted right after new year's eve. they say that is enough. they don't want to see any more offers that includes tax increases. consider they hold the house majority and they can hold to that the best they can. i doubt we would see a package to stave off a sequester anything comprehensive like that. the best we're going to see a kick the can down the road and stave off the cuts. >> gregg: do you think this president, in a way, try to persuade the nation, that 8% unemployment, 25 million americans, unemployed or under employm
you have debt ceiling coming up few months after that and congress is supposed to pass a budget in the next couple of months but obviously they have not done that. >> gregg: he has raised taxes not only on high income earners, he has raised taxes on everyone. the word is he is going to say, he needs more money, more tax revenues. how is that going to be received? >> i can tell you on capitol hill it has not been received very well. house republicans basically, many of them didn't...
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Feb 3, 2013
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ceiling. they get the problems down the road-- >>> that's the problem -- >> well, joe. that is true. but the point about small business driving the economy. what is the biggest impediment? $1 trillion in new taxes that the president has imposed and also obamacare. let's be honest. the senate democrats don't move without the white house's okay -- >> well, actually i. the president needs to pass a budget and get serious, honestly about the debt and the regulation. he has 6,000 new regulations on the epa web site that i promise are going to hinder small business growth. i agree with you. both parties are to claim. but the president needs to take an honest look in the mirror. >> eric: how do we break this? where do you go for daylight? how do we get rid of the gridlock? >> if i could, thank you. i think we need to look at this in perspective. we know during the bush era, there were more epa regulations passed in the first four years of president obama's tenure. the real issue is, what small busine
ceiling. they get the problems down the road-- >>> that's the problem -- >> well, joe. that is true. but the point about small business driving the economy. what is the biggest impediment? $1 trillion in new taxes that the president has imposed and also obamacare. let's be honest. the senate democrats don't move without the white house's okay -- >> well, actually i. the president needs to pass a budget and get serious, honestly about the debt and the regulation. he has...
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did not pass an agricultural bill and they essentially held the country's finances hostage over the debt ceiling but despite making the history books for all the wrong reasons power in washington and not shook hands during the november elections president is still the same the senate is still democratic and the house is still republican makes it hard to imagine the.
did not pass an agricultural bill and they essentially held the country's finances hostage over the debt ceiling but despite making the history books for all the wrong reasons power in washington and not shook hands during the november elections president is still the same the senate is still democratic and the house is still republican makes it hard to imagine the.
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Feb 2, 2013
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we did not go over the fiscal cliff and we did not hit the debt ceiling. evidence is piling up. >> that's true. here is the thing that struck me about hagel hearings, it seemed at times that chuck hagel was surprised that these people were not happy with him. it's as if he did not read a newspaper in month. >> his response to the surge question. mccain is the biggest supporter of the surge, he led it. chuck hagel disagreed and mccain seems to be right. and hagel looked surprised by the question. in defense of molly's story and washington is getting better. that was not about dysfunction of washington, the two of them just do not like each other. that has nothing to do do with the broader things washington. the issue matrix is changing a bit. what we with saw in 2009 and 2010, when health care and economy were on the table, those are where the parties are fundamentally divided. that is going to be true. but the immigration, there's not the same divide with them. so it's not a polarizing issue with john kerry. part of the reason we are seeing less dysfunctio
we did not go over the fiscal cliff and we did not hit the debt ceiling. evidence is piling up. >> that's true. here is the thing that struck me about hagel hearings, it seemed at times that chuck hagel was surprised that these people were not happy with him. it's as if he did not read a newspaper in month. >> his response to the surge question. mccain is the biggest supporter of the surge, he led it. chuck hagel disagreed and mccain seems to be right. and hagel looked surprised by...
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we've had the debt ceiling suspended, another budget baths to go through. so investors, businessmen and even individual investors and consumers are still somewhat haunted by what's happening in the nation's capital. >> and if we could put the markets gain back up, we had seen it go above 14,000 earlier this morning. it's -- >> right there. >> right there, right now. okay. so this hasn't happened since '07. >> early october, the all-time high, 14,164. standard & poor's, 1465. we're within striking distance of both. and that's a good sign. the stock market is performing well. the bond market is performing as expected, if the economy is recovering and so are other markets. and the indicators i look atom as, actually quite positive. none showing signs of strain, the future economic prospects better than the past. so for now markets are tell us things are all right. that may change sometime in the future but looks good at this at the moment. >> and ron made fun of my ravens -- >> absolutely. >> see this? ravens-theme note paper. >> running wild over these guys.
we've had the debt ceiling suspended, another budget baths to go through. so investors, businessmen and even individual investors and consumers are still somewhat haunted by what's happening in the nation's capital. >> and if we could put the markets gain back up, we had seen it go above 14,000 earlier this morning. it's -- >> right there. >> right there, right now. okay. so this hasn't happened since '07. >> early october, the all-time high, 14,164. standard &...
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on the debt ceiling and they blinked again on the budget. and delaying the sequester. you are right. i think obama -- obama don't you get the sense obama feels that now? >> yeah. >> feels the power more? >> absolutely. >> or willing to use power more? >> and willing -- feels he can have, if they have an apocolyptic showdown he will win it. they feel that, too. they don't emerge from the fights stronger. if, god forbid, they go over one of these cliffs it totally cleared whoever has the stronger hand amid the crisis. it becomes about what are we restoring? it's one that favors the democrats. >> ben, great to have you in the studio. thank so much. any time you come down to washington, you are welcome here here. >> thank you for having me on. >> bill: might get you on the phone from new york. we love people in the studios. come back and see us. buzz feed.com. i will tell you what the president is up to today. busy schedule. >> this is "the bill press show" live on your radio and current tv. [ music ] (vo) current tv gets the converstion started next. >> i'm a slutty bob h
on the debt ceiling and they blinked again on the budget. and delaying the sequester. you are right. i think obama -- obama don't you get the sense obama feels that now? >> yeah. >> feels the power more? >> absolutely. >> or willing to use power more? >> and willing -- feels he can have, if they have an apocolyptic showdown he will win it. they feel that, too. they don't emerge from the fights stronger. if, god forbid, they go over one of these cliffs it totally...
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we're not worried about the debt ceiling crisis. we're not worried about, well, for the moment, the eu -- we have that kind of psychological factor. a healthy private sector. and the problem is what? the problem is government and bad policy. and that's what we have to offset. >> but jim iuorio, i want to know where to invest. do we buy gold, silver, and commodities? do we buy banks, which are lagging a little bit? do we buy industrial cyclicals to play the world boom, if there is such a thing? in other words, how do you invest right now, having passed this 14,000 benchmark? >> well, there's a couple things. first of all, when caterpillar released its earnings it talked about good numbers out of housing. and you stloe in china. you invest in things like copper. you know i still like gold and silver. and today with the green light from the fed i'm still going to stay in things like those. i am in bank of america. i am in health care. i think the stock market looks pretty good. you said before, though, the stock market tends to be a le
we're not worried about the debt ceiling crisis. we're not worried about, well, for the moment, the eu -- we have that kind of psychological factor. a healthy private sector. and the problem is what? the problem is government and bad policy. and that's what we have to offset. >> but jim iuorio, i want to know where to invest. do we buy gold, silver, and commodities? do we buy banks, which are lagging a little bit? do we buy industrial cyclicals to play the world boom, if there is such a...
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the senate is obligate as a result of the debt ceiling vote to do wait has not done in the last four years and that is present a budget resolution for four years the senate said we don't care if the law requires us to do it. we'll ignore that. martha: let's hope dave camp's proposal of taking on tax reform is something republicans have been talking about for a long time. chinned with the fact that the senate must act on a budget must get us into tangibles in terms of this discuss in washington. carl, thank you so much. always good to talk to you. gregg: disturbing information about iran's nuclear program. martha: this is one of the most interesting moments of the game. the light went out. i thought this was a blowout game and the next thing you know -- a firsthand account from what it was like at the stadium from a familiar football fan. hey, it's me, progressive insurance. you know, from our 4,000 television commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million people switched to me last year, saving an average of $475. [sigh] it feels good to help p
the senate is obligate as a result of the debt ceiling vote to do wait has not done in the last four years and that is present a budget resolution for four years the senate said we don't care if the law requires us to do it. we'll ignore that. martha: let's hope dave camp's proposal of taking on tax reform is something republicans have been talking about for a long time. chinned with the fact that the senate must act on a budget must get us into tangibles in terms of this discuss in washington....
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the debt ceiling, which does not one thing to add to the budget deficit. not one nickel of spenning, it's agreeing to pay the bill. we waited seven months and threaten ord credit rating. the american people are sick of that. they want action. they want their taxes low, as we just saw happen reinly in avoiding the fiscal cliff -- which came as i might add through bipartisanship. the republicanses came through with the table to what obama proposed and he compromised with raising it to the $4,000 level. that's the action that people want to see. >> speaking of our president, he said during obamacare, oh, you're premiums wouldn't be raised. sorry, david. that's exactly what we are seeing -- >> when 2014 comes along -- [overlapping dialogue] >> americans are not able to keep their health insurance. another thing the president promised. >> i have to say, after an absence of david being out, with personal issues and health issues, we are glad to see you back. >> it's a pleasure to be back. >> happy to have you both. >> a bus transporting a philadelphia youth grou
the debt ceiling, which does not one thing to add to the budget deficit. not one nickel of spenning, it's agreeing to pay the bill. we waited seven months and threaten ord credit rating. the american people are sick of that. they want action. they want their taxes low, as we just saw happen reinly in avoiding the fiscal cliff -- which came as i might add through bipartisanship. the republicanses came through with the table to what obama proposed and he compromised with raising it to the $4,000...
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ceiling bill. will the intraparty scism end in heartburn or heart break? for over 75 years people have saved money with...ohhh... ...with geico... ohhh...sorry! director's voice: here we go. from the top. and action for over 75 years people have saved money with gecko so.... director's voice: cut it! ...what...what did i say? gecko? i said gecko? aw... for over 75 year...(laughs. but still trying to keep it contained) director's voice: keep it together. i'm good. i'm good. for over 75...(uncontrollable lahtuger). what are you doing there? stop making me laugh. vo: geico. saving people money for over seventy-five years. gecko: don't look at me. don't look at me. >>> the republican party is engaged in a fierce game of tug-of-war with itself. last week after speaker john boehner pleaded with his party to vote for a bill to extend the debt limit for three months, 33 members broke rank. the measure would have failed without democratic support. yesterday the senate took up that same bill and even though
ceiling bill. will the intraparty scism end in heartburn or heart break? for over 75 years people have saved money with...ohhh... ...with geico... ohhh...sorry! director's voice: here we go. from the top. and action for over 75 years people have saved money with gecko so.... director's voice: cut it! ...what...what did i say? gecko? i said gecko? aw... for over 75 year...(laughs. but still trying to keep it contained) director's voice: keep it together. i'm good. i'm good. for over...
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Feb 8, 2013
02/13
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. >> fiscal cliff, the debt ceiling, immigration he said there's room but, look, republicans need to get religion on this. do you expect a similar tone in the state of the union? >> he has a limited amount of time. they feel they have a so-called m mandate from their victory not losing the senate. i think it's kind of full speed ahead for the president right now. he's going to go as bold as he can go, limited amount of time. i think i disagree a little bit on the economy. i think it's a course correction for him. i feel he's maybe second-guessing, not talking about the economy during his inaugural speech, now maybe i should have talked about that. >> which is fascinating because if you look at the first term in a lot of ways, you know, he started off -- you had a republican party that was largely kind of in the doldrums and he started off with economic stimulus and health care which united the party in some way. is he -- is he smart to refocus on the economy, jim? >> yes. >> and probably the more important question, is there actually -- we had angus king on saying there's common grou
. >> fiscal cliff, the debt ceiling, immigration he said there's room but, look, republicans need to get religion on this. do you expect a similar tone in the state of the union? >> he has a limited amount of time. they feel they have a so-called m mandate from their victory not losing the senate. i think it's kind of full speed ahead for the president right now. he's going to go as bold as he can go, limited amount of time. i think i disagree a little bit on the economy. i think...
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ceiling battles? will all of these numbers go out the window? >> well i think the biggest problem this country has is debt. eventually debt has to be paid back and the problem is we adding three billion a day to the deficit, and i'm just worried that one day we're going to wake up and the market's eyes are going to open up and say wait a minute, look at all these debt and start hitting the wrong way. but look. so far so good. for whatever reason the market likes what it sees, and i never argue with the market. it's kind of stupid to do that. i think you would be run over by a train if you bet against it right now. >> heather: gary kaltbaum joining us. thank you so much. we appreciate your insight as always. >> my pleasure. thank you. >> gregg: so he gave us the barney cam. remember that, and he was by president bush's side throughout his eight years in the white house. what the former president is now saying about his beloved scottish terrier. yeah the barney cam. >> heather: hours before the big game
ceiling battles? will all of these numbers go out the window? >> well i think the biggest problem this country has is debt. eventually debt has to be paid back and the problem is we adding three billion a day to the deficit, and i'm just worried that one day we're going to wake up and the market's eyes are going to open up and say wait a minute, look at all these debt and start hitting the wrong way. but look. so far so good. for whatever reason the market likes what it sees, and i never...
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Feb 7, 2013
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because they're still bringing the same optical, whether we talk about sequestration or the debt ceiling. they are still doing that. the president was successful when he went to the american people, not just rallying democrats, but rallying the people who say let's get on with it, let's try to balance the budget, and the difficulty we have here now is the republicans are just talking about cutting programs, and they have targeted social security, medicaid, and medicare, and the president is saying we have to reform these systems, but we still need more revenue, and this is a worry that they just refuse to discuss. i don't see how you can ignore revenues if you talk about a budget. >> sir, if you will, we look at the time clock ahead of us, we have the state of the union coming up next week, but it's the sequester at the end of the month, the beginning of march, that everybody is worried about and what those cuts will mean in terms of defense spending and what it will mean to low-income families in this country. just a short time ago leon panetta was asked directly about the sequester in
because they're still bringing the same optical, whether we talk about sequestration or the debt ceiling. they are still doing that. the president was successful when he went to the american people, not just rallying democrats, but rallying the people who say let's get on with it, let's try to balance the budget, and the difficulty we have here now is the republicans are just talking about cutting programs, and they have targeted social security, medicaid, and medicare, and the president is...
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the house and senate extended the debt ceiling. president obama has signed the no budget, no pay act of 2013. not only does that put off the nation's debt obligations until may 18th, it also withholds pay for a number of congressmen and womenless women unless they pass a budget by april. >>> eight senators have voted to block the violence against women act. that bill would protect victims of domestic violence and this particular version extends that care to illegal immigrants, native americans and lgbt members. senators who voted against considering that bill include ted cruz, marco rubio and rand paul, all republicans. more bill's up next. stay with us. to me now? you know the kind of guys that do reverse mortgage commercials? those types are coming on to me all the time now. (vo) she gets the comedians laughing and the thinkers thinking. >>ok, so there's wiggle room in the ten commandments, that's what you're saying. you would rather deal with ahmadinejad than me. >>absolutely. >> and so would mitt romney. (vo) she's joy behar. >
the house and senate extended the debt ceiling. president obama has signed the no budget, no pay act of 2013. not only does that put off the nation's debt obligations until may 18th, it also withholds pay for a number of congressmen and womenless women unless they pass a budget by april. >>> eight senators have voted to block the violence against women act. that bill would protect victims of domestic violence and this particular version extends that care to illegal immigrants, native...
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. >> your thoughts on the debt ceiling. >> no. >> you think we are in danger of a bond bubble? >> i don't even know what that is. >> which mario has done a better job monti or draghi? >> monti or draghi? you know i have no idea what you're talking about, so -- >> what's your favorite show on television? >> hmm. "american greed." >> really? >> yeah. >> can you open that up for me? >> oh! >> you just made my day. >> i wish we could show more of that stuff. that was michael james, guys. and he was touched. because he tweets about "american greed" all the time. and i went on to talk to him about his favorite show and he's like god forgive me, but the one when the preacher steals from the church, and he went through this whole thing about how that's his favorite show. matt burke went to harvard he knows his stuff with the ravens and the kicker for the niners, he's a cramer guy and he's a conservative aaa-rated tax-free bond guy. >> i feel so bad for these guys because it's kind of like talking to me about football. if you ask me those questions, like oh, yeah. >> they would get angr
. >> your thoughts on the debt ceiling. >> no. >> you think we are in danger of a bond bubble? >> i don't even know what that is. >> which mario has done a better job monti or draghi? >> monti or draghi? you know i have no idea what you're talking about, so -- >> what's your favorite show on television? >> hmm. "american greed." >> really? >> yeah. >> can you open that up for me? >> oh! >> you just made my...
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the debt is going through ceiling again, and they are not doing anything about it except talking, for 30 years it has gone higher and higher. lou: business holding 3 trillion-dollars, american business offshore, if you will, but on their books, and ready to investment if only they had clarity if only they had a clear vision, and there was not so much regulations and taxes were so high. have you seen a time when merge business leaders -- american business leaders were so weak? >> wait a minute, would you bring country back in the country with what is going on in washington? wouldn't you want to keep it abroad. lou: why do they keep supporting people who enable this weakness, do you remember when business leaders stood up and represented themselves instead of going to the you know, the -- what chamber of commerce. >> if they are supporting these clowns issue these people in washington who are doing this thing. they are reprehensible. lou: just weak-kneed, we need people with spines, and vision, jim rodgers, this is the book, buy it it is "the industr "stre" thank you. >> join us here to
the debt is going through ceiling again, and they are not doing anything about it except talking, for 30 years it has gone higher and higher. lou: business holding 3 trillion-dollars, american business offshore, if you will, but on their books, and ready to investment if only they had clarity if only they had a clear vision, and there was not so much regulations and taxes were so high. have you seen a time when merge business leaders -- american business leaders were so weak? >> wait a...
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Feb 1, 2013
02/13
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. >> with the fiscal cliff and debt ceiling and trying to get bipartisan, but over here is something called poverty, 50 million americans and racial disparity and cities collapsing and the like. i'm going to make the case we should build america an urban infrastructural bank for the purpose of long-term loans. we do it in europe and japan. and no other country charges people to repatriate their money once they pay taxes in that country. but we do. but if we, in fact, took a portion of that money, part for research and development and part of it for an institutional bank, you could do what banks are not doing, and that's invest in these downtrodden areas of our country. >> gillian, we've been talking about it for years, trillions of dollars sitting on the sidelines not coming back to america. how do we get it back here? >> almost $2 trillion. you've got average household earnings down over the past four years, poverty is up. we need this money working in our economy. how do we get it here? >> absolutely. i think the reverend's idea is very interesting because right now many of the com
. >> with the fiscal cliff and debt ceiling and trying to get bipartisan, but over here is something called poverty, 50 million americans and racial disparity and cities collapsing and the like. i'm going to make the case we should build america an urban infrastructural bank for the purpose of long-term loans. we do it in europe and japan. and no other country charges people to repatriate their money once they pay taxes in that country. but we do. but if we, in fact, took a portion of...
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Feb 2, 2013
02/13
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CSPAN
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s own fight over the debt ceiling. and then we were set to take off, all of a sudden we saw a big tumble in the stock markets and we saw job growth go back down again. i believe in august 2011 the initial report was zero net jobs. now they eventually revised that up to 100,000, but still an amemic growth rate. host: we continue our conversation regarding the 157,000 jobs added in january in the unemployment rate back now at 7.9% with patrick rice of politico. donald from statesville, north carolina is our next caller. donald is on our line for republicans. caller: hey, how you doing. i'm calling from statesville, north carolina, and we got some bad news here. freight liner who was in cleveland, north carolina, is going to lay off 750 employees. trim systems that supported them, they're closing their plant, 65 employees down to two. but here's my question, you know. when they do these job numbers, lowe's down here is going to hire 45,000 part time workers. does that count in the job numbers? or those are not even includ
s own fight over the debt ceiling. and then we were set to take off, all of a sudden we saw a big tumble in the stock markets and we saw job growth go back down again. i believe in august 2011 the initial report was zero net jobs. now they eventually revised that up to 100,000, but still an amemic growth rate. host: we continue our conversation regarding the 157,000 jobs added in january in the unemployment rate back now at 7.9% with patrick rice of politico. donald from statesville, north...
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Feb 7, 2013
02/13
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FOXNEWS
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they have card to play they didn't have to play in the debt ceiling. martha: how do you expect that to play out? do you think they can hold the line on it and get significant spending cuts that a lot of folks in this country wanted to see first time around? >> republicans have become good at caving. i think some part of sequestration will go through. but using aircraft carriers against the republicans. they will fold. rick: we are three weeks away from what could be painful budget cuts. they kick in automatically march 1. we'll tell you what americans find so taxing about the president's plan to fix the mess. martha: get ready for a blizzard. a winter storm historic proportions we are being told. >> now is the time before the storm hits. get your shovels ready. sand, fill your gas tanks in your cars. make sure you have enough heating fuel. you know, for at least a week. sometimes life can be well, a little uncomfortable. but when it's hard or hurts to go to the bathroom, there's dulcolax stool softener. dulcolax stool softener doesn't make you go, it j
they have card to play they didn't have to play in the debt ceiling. martha: how do you expect that to play out? do you think they can hold the line on it and get significant spending cuts that a lot of folks in this country wanted to see first time around? >> republicans have become good at caving. i think some part of sequestration will go through. but using aircraft carriers against the republicans. they will fold. rick: we are three weeks away from what could be painful budget cuts....
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Feb 7, 2013
02/13
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ceiling, we'll talk about that stuff. but we'll talk about it from the perspective on how we're making sure someone works hard in this country. a cop, teacher, a construction worker, or a reception worker, they can make it if they work hard. their kids can make it and dream bigger dreams than they have achieved. obviously, a lot of what we'll be working on over the next few weeks is going to be on how do we deal with this sequester issue. i want to make this quick point. i had a press conference this week in which i reiterated that i'm prepared, eager, and ang shouse that ends this government by crisis that every two week or every two months or every six months we are threatening this hard recovery, are finally housing is picking up and real estate is doing better and unemployment numbers are still too high. we're geing job growth and manufacturing is doing well and we continue to have these self-inflicted crisis here in washington where suddenly someone taps the brakes. what i said this week was i want to do something bi
ceiling, we'll talk about that stuff. but we'll talk about it from the perspective on how we're making sure someone works hard in this country. a cop, teacher, a construction worker, or a reception worker, they can make it if they work hard. their kids can make it and dream bigger dreams than they have achieved. obviously, a lot of what we'll be working on over the next few weeks is going to be on how do we deal with this sequester issue. i want to make this quick point. i had a press...
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Feb 8, 2013
02/13
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there was an agreement made a year-and-a-half ago that he would get a debt ceiling increase and there would be a $1.20 trillion cut. the super committee was supposed to put it together. they were supposed to prioritize. they were selects members of the congress who were supposed to prioritize. they did not do it. know when they might not do it, congress said we will put something in here that is so draconian and so stupid that nobody would let it happen. lo and behold, that is what we are dealing with. that is a sad state of affairs from the political process, a very sad state of affairs. now we come back and say, what should we do with sequestration? the president talks about cows balance and fairness. -- talks about balance and fairness. there was $4 in spending for every $1 in tax increases. as we went along, the discussion shifted. as election prospects rose and fell, the balance suddenly became $2 to $1. after the election, the talk was $1 to $1. after we saw the deal done, it was zero spending cuts for the tax increases. now we are hearing negative to $1. the president wants to
there was an agreement made a year-and-a-half ago that he would get a debt ceiling increase and there would be a $1.20 trillion cut. the super committee was supposed to put it together. they were supposed to prioritize. they were selects members of the congress who were supposed to prioritize. they did not do it. know when they might not do it, congress said we will put something in here that is so draconian and so stupid that nobody would let it happen. lo and behold, that is what we are...
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Feb 2, 2013
02/13
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i think the debt ceiling went like groundhog day. it's like this time we're going to have this debate. then at midnight on new year's eve we pass a bill and give senators six minutes to reid it before it goes and we've now avoided the fiscal by kicking the can down the road which now we passed a bill to push off until may the reckoning for the debt ceiling. nobody has come to the table to try to fix things. i say the senate hasn't actually passed a budget. the president and democrats haven't passed a budget in four years. there is a fundamental inability for congress to do their job. you are supposed to pass a budget by april 15. you are supposed to reconcile all those bills by october. that hasn't happened in four years. instead we've had this crisis atmosphere where things are passed in the middle of the night and nothing gets done. >> we only look at law makers records as they pertain to gun related issues. the numbers in the house and numbers of the senate haven't changed so much from the previous congress but there are faces tha
i think the debt ceiling went like groundhog day. it's like this time we're going to have this debate. then at midnight on new year's eve we pass a bill and give senators six minutes to reid it before it goes and we've now avoided the fiscal by kicking the can down the road which now we passed a bill to push off until may the reckoning for the debt ceiling. nobody has come to the table to try to fix things. i say the senate hasn't actually passed a budget. the president and democrats haven't...
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Feb 8, 2013
02/13
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CURRENT
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just quickly, he refused -- voted against raising the debt ceiling. he co-sponsored the old balanced budget amendment, which is a total shuck and jive. he signed the grover norquist finds. he backed florida's voter purge back to rick so -- backed rick scott in trying to get all of those people, a lot of them racial minorities off of the ballot in florida. he opposed federal action to heavy prevent violence against women act, extension of it t he believes employers should be able to deny birth control to their employees. he made some robo calls for an anti-hate group opposing same-sex marriage, marriage equality. and he doesn't believe in climate change. in fact, this week at the interview that he gave with buzzfeed's ben smith -- remember ben smith was in studio with us a couple of days talking about that interview, marco rubio said, on climate change he just thinks it's too expensive. >> number one, even if anything we would do on that would have a real impact on our economy, but probably if it's only us doing it, a very negligible impact on the envi
just quickly, he refused -- voted against raising the debt ceiling. he co-sponsored the old balanced budget amendment, which is a total shuck and jive. he signed the grover norquist finds. he backed florida's voter purge back to rick so -- backed rick scott in trying to get all of those people, a lot of them racial minorities off of the ballot in florida. he opposed federal action to heavy prevent violence against women act, extension of it t he believes employers should be able to deny birth...
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Feb 8, 2013
02/13
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ceiling, we'll talk about that stuff. but we'll talk about it from the perspective on how we're making sure someone works hard in this country. a cop, teacher, a construction worker, or a reception worker, they can make it if they work hard. their kids can make it and dream bigger dreams than they have achieved. obviously, a lot of what we'll be working on over the next few weeks is going to be on how do we deal with this sequester issue. i want to make this quick point. i had a press conference this week in which i reiterated that i'm prepared, eager, and anxious that ends this government by crisis that every two week or every two months or every six months we are threatening this hard recovery, are finally housing is picking up and real estate is doing better and unemployment numbers are still too high. we're seeing job growth and manufacturing is doing well and we continue to have these self- inflicted crisis here in washington where suddenly someone taps the brakes. what i said this week was i want to do something big
ceiling, we'll talk about that stuff. but we'll talk about it from the perspective on how we're making sure someone works hard in this country. a cop, teacher, a construction worker, or a reception worker, they can make it if they work hard. their kids can make it and dream bigger dreams than they have achieved. obviously, a lot of what we'll be working on over the next few weeks is going to be on how do we deal with this sequester issue. i want to make this quick point. i had a press...